Economic Indicators

Subject: Economic Indicators Thu Oct 08, 2015 3:48 pm

Economic indicators are pieces of data from important economic reports. Most of economic indicators are published by government agencies or select private groups. When taking multiple economic indicators into account for a country, traders can get a well rounded sense of a country's financial health.

Major Economic Indicators

Employment Reports
Reports on Inflation and Money Supply
Interest Rate Statements

Retail Sales Reports
Gross Domestic Product

Using Economic Indicators in Forex Trading

Economic indicators can help you get a sense for the general economic trend of a country. For example, an employment report that shows more jobs being created month after month, can show that an economy is becoming more productive.

While a falling retail sales report can be a warning that growth is starting to contract.

Over the longer term, these trends can be the basis for a trade. You can invest in countries that are showing strength and trade against countries that are slowing down. This is the most basic element of fundamental analysis.

» Economic Indicators guide
» BEST Forex Trading Indicators - Finding and Using the Best Indicators For Bigger FX Profits
» Forex and World Economic Crisis
» Forex and World Economic Crisis
» When Trend Following Indicators Reverse in FX

Economic Indicators

Economic Indicators

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